Friday, December 27, 2013
The sale of luxury food gift boxes in China fell dramatically in 2013, Chinese state media said, in another sign of the impact the ruling Communist Party's anti-corruption drive has had on consumer behavior.
Thursday, December 26, 2013
The United States said Tuesday it harbored “many concerns” over China's business practices, despite significant progress since the country's 2001 accession to the World Trade Organization.
Tuesday, December 24, 2013
China's interbank interest rates surged again on Monday despite hefty cash injections last week by the central bank, suggesting money market stress remains as authorities maintain a prudent stance.
Chinese users welcomed a long-awaited tie-up between Apple and China Mobile, the world's biggest wireless operator, but analysts warned Monday that the deal's impact depends on the quality of the carrier's 4G network.
Friday, December 20, 2013
Prices for the volatile virtual currency Bitcoin leaped in China on Thursday, after falling nearly 50 percent one day earlier due to new restrictions reportedly imposed by the central bank.
Thursday, December 19, 2013
Bitcoins were trading Wednesday at less than half their value at the end of last month after Chinese authorities took steps to rein in transactions in virtual currency, which had soared in recent months.
Wednesday, December 18, 2013
The Bank for International Settlements (BIS) announced yesterday that between January and November, real effective exchange rate (REER) and nominal effective exchange rate (NEER) of the Chinese yuan rose 7 percent and 6.4 percent, respectively.
Tuesday, December 17, 2013
Renault SA clinched full access to China's auto market on Monday by sealing a joint venture agreement with state-owned Dongfeng Motor Group in Wuhan, a city fast shaping up as China's own Detroit.
Thursday, December 12, 2013
The price gap between bitcoins trading in Chinese yuan and those sold for other currencies has evaporated recently, highlighting the porous nature of China's capital controls.
Wednesday, December 11, 2013
Growth in China's industrial production slowed in November but retail sales expanded at a faster pace, official figures showed Tuesday, painting a mixed picture of the world's second-largest economy.